CDSL Q2 results: Net profit jumps 24% YoY to Rs 173 crore, revenue up 24%

CDSL reported a 24% year-on-year increase in net profit for the second quarter, taking profit to Rs 173 crore. Revenue also increased 24% compared with the year-ago period.

Profit and revenue grow at the same pace

The results show simultaneous growth in CDSL’s net profit and revenue during the quarter. Net profit reached Rs 173 crore, representing a 24% rise year on year, while the company’s revenue recorded an identical percentage increase.

What the results show

The reported figures highlight stronger quarterly performance for CDSL compared with the corresponding period last year. However, the available results do not include the revenue amount or additional details on the factors behind the growth.

CDSL’s latest quarterly update therefore centers on two headline metrics: a 24% increase in revenue and a 24% increase in net profit, with net profit reaching Rs 173 crore.